Sensex This day | Stock Market LIVE Updates: Nifty falls below 24,250 as market extends losses
DwellingMarket FilesStock Market Wreck Highlights: Sensex slumps 1,677 factors, Nifty ends below 23,900 as renewed US-Iran tensions rattle markets
By CNBCTV18July 8, 2026, 3:55:58 PM IST (Up up to now)
Sensex This day | Stock Market Highlights: All sectoral indices ended decrease, with PSU banks and chemical stocks leading the decline. The Nifty Financial institution index dropped 1,458 factors to 56,743, while the Nifty Midcap index fell 963 factors to 61,323. Market breadth remained decisively negative.
Sensex This day | Stock Market Highlights: Indian equity benchmarks witnessed a astronomical-essentially essentially based selloff on Wednesday after US President Donald Trump acknowledged he believed the memorandum of working out (MoU) with Iran had ended, reigniting concerns over the West Asia battle and pushing Brent excessive shut to $seventy 9 a barrel.
The Sensex tumbled 1,677 factors to shut at 76,504, while the Nifty fell 517 factors to 23,882, with 46 of the index’s 50 constituents ending within the red. India VIX surged with regards to 25%—its greatest single-day develop since April 2025—reflecting heightened market volatility.
All sectoral indices ended decrease, with PSU banks and chemical stocks leading the decline. The Nifty Financial institution index dropped 1,458 factors to 56,743, while the Nifty Midcap index fell 963 factors to 61,323. Market breadth remained decisively negative, with the NSE advance-decline ratio at 1:5, underscoring standard promoting rigidity.
Amongst particular person stocks, Jio Financial Companies and products, Shriram Finance, IndiGo and Maruti Suzuki were the highest losers on the Nifty, while Mphasis, Financial institution of India, HPCL, L&T Finance and Coforge led losses within the midcap space. South Indian Financial institution plunged better than 8% after the Reserve Financial institution of India favorite a 3-year term for its recent CEO.
On the gaining facet, upstream oil companies outperformed as greater excessive costs lifted sentiment, while downstream oil marketing companies came under rigidity.
Watch this space for the total stock market Highlights.
